Shares of MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) shot up 1.4% during mid-day trading on Wednesday . The stock traded as high as $55.29 and last traded at $54.04. 21,359 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 41,010 shares. The stock had previously closed at $53.29.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance
The stock has a market cap of $41.39 billion, a price-to-earnings ratio of 77.95 and a beta of 3.26. The stock’s 50-day simple moving average is $57.47 and its two-hundred day simple moving average is $48.43.
MicroSectors FANG+ Index 2X Leveraged ETN Company Profile
The MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund provides 2x the daily price movements of an index of US-listed technology and consumer discretionary companies. The index is highly concentrated and equally weighted. FNGO was launched on Aug 6, 2018 and is issued by REX Microsectors.
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